Dec 31, 2012 5:00pm PST
are paying for all of it. i am consumer editor tom vacar, ktvu channel 2 news. >> and coming up at 6:00 p.m., ktvu's ken pritchett will break down thim pact the delay is having in -- down the delay is having here. >> wall street ended the year on a winning note. the dow is up 166 to 13,104., breaking a 5 day losing streak. the nasdaq is up 59 at 3,019. here is what the numbers mean to you. if you invested $10,000 in the dow you would have made more than a 7% profit. the s&p13.5% profit. nasdaq 16%. for that $10,000 investment in the dow $730. $1,340 on the s&p and $1,590 on the nasdaq. >> police are investigating the 46th killing of the year in san jose after a man was shot today. it happened at an apartment complex this afternoon. police received a 911 call that a man with a gun was in the parking garage. when officers arrived they found a man on the ground next to a car. he died at the scene. witnesses told police the victim got into a fight with two other men. >> there was a confrontation. a weapon discharged. we have a couple people detained and we have the weapon involved in custody.
Dec 25, 2012 6:00pm PST
. reporting live in east palo alto, john fowler, ktvu channel 2 news. >>> we also just checked with san francisco airport to see if there are any weather related problems there. there are 30 to 90 minute delays mainly involving flights from other west coast low -- locations. we also learned that people lost power because of a transformer failure. >>> a steady light rain most of the day. and then in the last hour and a half the rain really started to calm down. especially in the south bay. look at the showers and rain moving through the peninsula. look at the current situation as we look. you can see oakland through redwood. nothing like we saw just about 10, 15 minutes ago. here's a hot spot out here near milpitas. you're seeing this is heavy rain right in these areas. these cells pretty impressive but i have to tell you what we were going through about an hour ago, 45 minutes ago is really impressive more than what we saw here. evergreen you're starting to clear out. over here by, pardon me by santa clara you're seeing this heavy rain. so you're seeing the widely scattered showers. th
Dec 31, 2012 6:00pm PST
and they have -- to approve something and they have already gone home. they will be back on new year's day. ktvu channel 2 news. >> after years of deficits in california there is finally light at the end of the tunnel but that would change if the nation goes over the fiscal cliff. ktvu's ken pritchett is live with how failure in washington will hurt california. . >> reporter: reaching a deal tonight would be important. people next month make less money so they spend less and within 5 weeks california will see sales tax revenue drop. if there is no deal tax increases kick in, smaller pay checks for most americans. >> reporter: [ inaudible question ] >> absolutely. >> the unknown. >> i would not do the emotional shopping. it would be more the need. instead of the want. >> less spending, a rapid hit to the economy. >> february when we see the january sales tax receipts we may see a dip. >> reporter: california could be back to a big budget deficit. >> that could translate into a hit of $11 billion over two years. >> reporter: all of that could be avoided if a deal in washington is reached tonight.
Jan 1, 2013 5:00pm PST
problem that could simply derail everything. consumer editor tom vacar, ktvu, channel 2 news. >>> this video shows the moment of impact as a car slams into another car, sending it through the front of a liquor store, killing a pedestrian who was just walking by. it all started with gunshots fired at a housing project in san francisco's mission district. david stevenson live in the city. the new surveillance video you obtained from the owner of that corner store. >> reporter: that's right. the crash, gasia, had some surveillance video that was taken in the store behind me but the crash happened right here just after 8:00 a.m. it sent the cars spinning onto the sidewalk and crashing right into the storefront. this surveillance video shows the devastating impact of a deadly crash in san francisco's mission district this morning. >> obviously this is an unbelievable tragedy. >> reporter: police say it began with a report of shots fired from a car parked at a public housing complex on valencia and 15th. police pulled over the driver of this black chevy. >> as officers approached t
Dec 28, 2012 6:00pm PST
dozen states that already require iids show that they do work. live in east palo alto, patti lee, ktvu news. >>> an agreement to the fiscal cliff now appears up to mitch mcconnel and harry reed. while the president said the meeting was constructive he added if congress can't reach a deal he will ask senator reed to at least propose a basic package. >> one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job. and lays the ground work for future corporation by more economic growth and deficit reduction. >>> with no agreement on the fiscal cliff extended unemployment benefits expire tomorrow for 24,000 unemployed californians. one woman says she's been out of work for two years. she said if it weren't for the long term unemployment benefits she doesn't know how she would get by. >> not being able to put food on table. not being able to pay my bills. >> those individuals and families are on their own to figure out how they're going to have an income until they have go on and have a job again. >